DENVER — It continues to look like the Federal Reserve will lower interest rates in its monthly meeting next week.

That’s partly because of a revised hiring report released by the U.S. Bureau of Labor Statistics (BLS) on Tuesday showing employers added 911,000 fewer jobs between March 2024 and March 2025 than originally estimated.

It’s the largest revision ever for the agency.

These revisions come from BLS every year because the job data the agency releases monthly uses business surveys to give a nationwide estimate, while the revision comes from more complete tax data.

Metropolitan State University of Denver economic professor Kishore Kulkarni said the new report only adds more uncertainty to the economy’s outlook in the next few months, but it doesn’t necessarily concern him.

“I’m

See Full Page